Ether futures saw liquidations nearly double that of Bitcoin .

Ether futures lost $236 million while bitcoin futures traders lost $125 million.

Bitcoin and ether lost pivotal support levels in the past 24 hours amid intensified fear sentiment for the crypto market, costing over $520 million in liquidations.

Analysis:
Support at current levels $1,710.97 & resistance at $1,900, which acted as pivotal support earlier this month – Similar to July 2021.

Losing this level could see ether dumps to $1,300-$1,500 range or far lower.

Who do you think will win @ this critical support zone – The bulls or the bears?

Do not forget the historical wise saying, “Never invest more than you can afford to lose.”

Not a financial advise, I suggest using this only as a guide – Do your own research.

If you have any questions, kindly write in comments below – I will answer them.

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